All Benefits technology articles – Page 109
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Article
Benefits Administration - definitions - Enterprise resource planning (ERP)
ERP software systems integrate key business processes of organisations into a single software system that allows information to flow seamlessly throughout the organisation.ERP includes the integrated planning of a workforce to meet the business plan. This requires the same information (sales forecasts, actual orders, sickness absence records etc) to be ...
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Article
Benefits Administration - definitions - Absence recording
Absence can be recorded electronically or on paper. Increasingly large numbers of employers are implementing systems that allow employees or their managers to record sickness absence themselves.This is usually done through a self-service system online (via the company intranet or secure internet site). This type self-recording software relieves the HR ...
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Analysis
Outsourcing payroll continues to appeal
The demands of IT and legal issues can make payroll outsourcing attractive, says Kirstie RedfordFor many businesses, the payroll function is essentially seen as an overhead which provides little hard financial return. To combat this, many firms are now choosing to outsource the task. In fact, just over a third ...
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Article
FirstGroup launches intranet site to encourage staff training
FirstGroup has launched an intranet site to help staff access training, and encourage them to think about career progression.The site is targeted primarily at the bus and rail operator’s drivers, who comprise 80% of its 25,000-strong workforce.The site will include information on career development and will encourage staff to visit ...
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Article
Royal Mail Group signs new contract on bike plan
Royal Mail Group has ended its tripartite arrangement with Futuremedia and Halfords Business Services for its cycle-to-work plan, and instead handed the entire scheme to the retailer to run.Previously the scheme was managed by Futuremedia, which oversaw all hiring agreements and legal paperwork as well as running a website and ...
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Article
Centrica to introduce self-administered HR system
Centrica is planning to introduce total reward statements for all employees, along with a self-administered HR system. It is also making changes to its flexible benefits scheme to in a bid to boost take-up among its call centre staff.Through flex, it plans to introduce a Visa Card onto which call ...
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Article
DSGI revamps communication
Electrical retailer DSG International will launch a new website in May in order to improve communication with staff.Employees of the company, which owns high street brands such as Dixons, Currys and PC World, will be able to access the site from home, which will enable it to reach many more ...
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Article
Wragge & Co reviews reward
Wragge & CO is designing its reward strategy for the next five years to ensure it remains competitive and its benefits are valued by staff.The law firm is aiming to have a new strategy in place by April.Following a benchmarking exercise, it is currently in the process of surveying new ...
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Article
Benefits Administration - definitions
Benefits are administered in a variety of ways, from Excel spreadsheets, through payroll systems, bespoke benefits technology and even all-encompassing HR information systems (HRIS). Benefits can either be administered in-house by the benefits or HR team; outsourced to a third-party provider which can supply the technology and administer the scheme(s) ...
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Case Studies
Adecco provider relationship underpins admin success
Case study: AdeccoKatie Ivie, head of HR business partnering for recruitment company Adecco,believes a strong relationship with providers is crucial to eliminating unintended costs of flexible benefits schemes.The firm, which introduced a flexible benefits package in June 2004 for its 3,500 staff in the UK, used the increased headcount made ...
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Article
Punch Taverns plans benefits audit
Punch Taverns is to carry out a benefits audit following its acquisition of Spirit Group earlier this year in order to ensure that there is no overlap of perks between the two organisations which continue to operate separately.The audit will look at the rationale behind the benefits offered, the contractual ...
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Analysis
Multi-Employer benefits schemes
Multi-employer benefits plans can help to shelter staff from wide discrepancies on perks, says Alison ColemanCase study: Shepherd ConstructionArticle in fullOffering benefits to staff can be a costly and time-consuming process, which many employers choose not to pursue beyond their legal obligations. Industry-wide or multi-employer schemes provide these organisations with ...
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Article
Holiday pay funds face axe?
Holiday pay funds that operate outside the construction industry may follow the home computing initiative (HCI) into oblivion as HM Revenue and Customs (HMRC) says it is reviewing the practice. This comes as high street retailer WH Smith, media group Informa, and the wholesale banking division of ING have implemented ...
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Analysis
Outsourcing pensions vs. in-house administration
Vicki Taylor asks if it’s more cost effective for an organisation to outsource its pensions administration to an external provider than to run a scheme in-houseIf you read nothing else, read this …Opinions are split as to whether it is more cost effective for employers to outsource pensions administration or ...
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Case Studies
Loyalty Management Group nails down benefits admin costs
†Loyalty Management Group, the consumer loyalty firm behind the Nectar card, rolled out a cost-neutral tax-efficient flexible benefits programme to its 180 staff in January. Gabrielle de Wardener, HR director, was not faced with any unexpected costs following its implementation, because any extras were covered by savings made by switching ...
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Article
HR and payroll often out of sync
The relationship between HR and payroll departments in the UK is often far from harmonious, according to a study by HR and payroll provider Snowdrop.The Love actually survey shows that 60% of payroll professionals believe HR doesn't give them accurate information, while 54% believe HR fails to keep them in ...
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Article
McArthur Glen goes out for perks admin
Designer outlet developer McArthur Glen has moved its outsourced benefits administration to a single provider in a bid to cut costs. It has also launched a bikes for work scheme and childcare vouchers for its 162 UK-based employees.Karen McCreanor, human resources manager, said senior directors were happy with the new ...
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Analysis
Effective HR strategy requires dialogue with finance
Human Resources' interplay with finance chiefs needs delicate execution and it pays to understand each others' priorities, says Debbie LovewellCase studies: Oracle, The Rank GroupArticle in full“It's good to have money and the things that money can buy, but it's good too to check up once in a while and ...
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Analysis
Shift workers place health alongside pay
When determining how to reward shift workers, studies show that health concerns are just as valid as pay issues, says Laverne HadawayCase study: NestleArticle in fullFor industries that operate around the clock, such as food manufacturing, shift work is simply an inevitable part of day-to-day life. Neil Millan, head of ...
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Analysis
Selecting providers for salary sacrifice schemes
While salary sacrifice attains de rigueur status, how employers select their providers can be a fine science, says Vicki TaylorWith salary sacrifice schemes catching on like wildfire and the number of potential suppliers swelling in response, many employers are now organising a beauty parade of providers, either in-house or through ...